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Tag: finance

Posted on 26/11/2024

Hong Kong’s Largest Digital Bank Launches Retail Crypto Trading Service

Hong Kong‘s largest virtual bank, ZA Bank, has launched a new service allowing retail customers to buy and sell Bitcoin and Ethereum directly with fiat currency. The move is part of the bank’s effort ...

Posted on 25/11/2024

Hong Kong to boost financial reforms to aid Chinese firms, Paul Chan says

The initial public offering (IPO) market in Hong Kong began to pick up in the second half of the year, following a long period of low activity. For the first six months, the Hong Kong stock exchange ...

Posted on 25/11/2024

Chinese GoPro Competitor Insta360 Is Said to Consider Hong Kong IPO

Insta360, a Chinese rival to GoPro Inc. with backers including IDG Capital, is considering an initial public offering in Hong Kong as plans for a listing in mainland China stall, according to people ...

Posted on 25/11/2024

Hong Kong’s largest digital bank launches retail crypto trading

Hong Kong’s largest virtual bank, ZA Bank, launched a new service allowing retail users to buy and sell Bitcoin and Ethereum directly using fiat. According to a Nov. 25 statement from the bank, Hong ...

Posted on 25/11/2024

Hong Kong’s ZA Bank pioneers crypto trading for retail users in Asia

ZA Bank, the largest digital bank in Hong Kong, announced that it would be the first Asian bank to offer crypto buying and selling services to retail users. The bank’s statement said that users would ...

Posted on 25/11/2024

SF Holding raises US$749mn for Hong Kong listing

Courier group SF Holding has said it raised US$749.3 million for its Hong Kong IPO after pricing its shares at HK$34.3 apiece. The group made the ...

Posted on 25/11/2024

HSBC links SMEs’ sustainability performance to interest rates with new Sustainability Improvement Loan

Firms that improve their scores throughout the tenure of their loan with HSBC may benefit from reduced interest rates. However, should borrowers’ scores decline, the rates on their loans may increase.

Posted on 24/11/2024

Is Hong Kong’s system of assessing land demand broken and in need of reform? Experts weigh in

Professor Liu Pak-wai says geopolitical headwinds and integration with mainland China warrant reassessment of city’s land needs.

Posted on 24/11/2024

Hong Kong transgender woman slams HSBC for outing her with letter to employers

Christine Chu says HSBC sent letter to employer over ‘discrepancies’ in its records, despite receiving copy of Chu’s updated identity card.

Posted on 23/11/2024

Hong Kong transgender woman slams HSBC for outing her with letter to employer

Christine Chu says HSBC sent letter to employer over ‘discrepancies’ in its records, despite receiving copy of Chu’s updated identity card.

Posted on 23/11/2024

‘Money in motion’ as top financiers discuss diversification at Hong Kong summit

However, the levels are still well below those seen when the city was the world’s top IPO market seven times between 2009 and 2019. More deals are possible as Hong Kong strengthens connections with ...

Posted on 23/11/2024

In Hong Kong vs Trump 2.0, global CEOs see new hopes, old threats

People are leery of investing a lot of money in a country that is part of geopolitical tensions,’ Oaktree Capital’s Howard Marks says.

Posted on 22/11/2024

Hong Kong’s wealth management thrives despite political uncertainty, geopolitical tension

The Capital Investment Entrant Scheme, launched in March, has brought in more than HK$20 billion from 670 applications, Paul Chan says.

Posted on 22/11/2024

Global investors remain confident in Hong Kong: FS

Financial Secretary Paul Chan on Friday said global investors have confidence in Hong Kong, dismissing reports of capital moving out of the city.

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